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Nasal dressings market to attract earnings outlook due to increase in nasal injuries globally, says TMR

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  • The global nasal dressing market is expected to gain $2.7 billion by 2031

  • Global increase in cosmetic and nasal procedures is expected to shape the future of the global nasal dressing market

  • Increased number of cosmetic procedures North America is helping regional market growth

Albany, NY, May 16, 2022 /PRNewswire/ — A research report by Transparency Market Research (TMR) states that during the forecast period from 2021 to 2031, the global nasal dressing market is expected to grow at a CAGR of 9.01% and reach $2.7 billion by 2031.

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The nasal dressing pack is intended for use in various nasal surgical procedures such as turbinate resection, rhinoplasty and septoplasty. They are used to support and fill the nasal cavity during surgery to allow smooth diaphragm ventilation, ensuring increased patient comfort. These advantages of the product are driving the market growth.

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Major players in the nasal dressing market are focusing on the development of next-generation products. Therefore, they invest heavily in R&D. Furthermore, several players in the nasal dressing market are utilizing strategies such as partnerships for product innovation. These factors are expected to help expand the nasal dressing market over the forecast period.

Nasal Dressing Market: Key Findings

  • Nasal dressings are widely used in functional endoscopic sinus surgery (FESS) because of their ability to stop ongoing bleeding and manage the wound healing process. Nasal dressings are gaining traction because they help increase absorption and suction of fluids, which in turn helps reduce pain levels and the likelihood of re-bleeding after removal. Increasing use of products in such procedures is emerging as one of the important growth factors for the global nasal dressings market.

  • Nasal dressings are increasingly used in sinus surgery, wound care and nosebleed management. Additionally, these dressings are used to apply pressure to the nasal septum. These products are in high demand because they are both safe and effective techniques for treating posterior and anterior nosebleeds. These properties of the product are expected to augment future business opportunities in the nasal dressings market over the forecast period.

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Nasal Dressing Market: Growth Booster

  • Global rise in nasal injury prevalence due to accidental damage is driving sales of nasal dressings

  • Rising number of cosmetic and rhinoplasty procedures globally is creating revenue generating opportunities for the global market

  • Healthcare Industry Focus on Incorporating Advanced Technology into Nasal Surgery is Favoring Growth of Nasal Dressings Market

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Nasal Dressing Market: Regional Analysis

  • Nasal Dressing Market North America It is expected to maintain its leading position over the forecast period owing to the increasing preference for cosmetic procedures in the region, the presence of well-known players, and the surge in new product launches in the region. In addition to this, an increase in corporate partnerships, collaborations, acquisitions, and regional expansion is helping the regional market growth.

  • Asia-Pacific The nasal dressing market is expected to be the fastest growing region over the forecast period owing to rising cases of nose and sinus diseases, surge in healthcare spending, and increasing awareness of nasal surgery among the population in the region

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Nasal Dressing Market: Key Players

Some of the key players profiled in the report are:

  • Dart Medical Products Pte Ltd

  • Anika Therapeutics, Inc.

  • Lohmann & Rauscher GmbH & Co. KG

  • First Aid Bandage Company (FABCO)

  • Olympus

  • Medtronic

  • Stryker

  • smith and nephews

  • Summit Medical LLC (Innovia Medical)

Nasal Dressing Market Segmentation

Product Category

Material

  • Chitosan Lactic Acid and Chitosan Hydrochloride

  • Polyvinyl Alcohol (PVA) / Polyvinyl Acetate (PVAc) and Polyethylene Glycol (PEG)

  • Cellulose and Carboxymethyl Cellulose (CMC)

  • Hyaluronic Acid (HA)

  • Synthetic Polyurethane Foam (SPF)

application

  • wound care

  • Nosebleed Management

  • hemostasis control

  • Rhinoplasty

  • Septoplasty

  • sinus surgery

  • other

end user

area

  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • middle East & Africa

The modernization of healthcare in terms of infrastructure and services has taken the healthcare industry to new heights, stay updated Latest Healthcare Industry Research Reports Through Transparency Market Research:

wound dressing market: The clinical significance of advanced wound care products is increasing due to the increasing number of indications for their use, especially in chronic diseases. Their popularity in non-healing diabetic, venous and arterial ulcers is also a strong undercurrent for their potential in the advanced wound dressing market. Their traction in post-amputation wounds is also on the rise. The growing understanding of the etiology of ulcer healing has correspondingly improved the prospects for advanced wound dressings in the healthcare system.

Anti-Biofilm Wound Dressing Market: Global rise in the incidence of chronic diseases such as diabetes and cancer is driving the expansion of the global anti-biofilm wound dressings market. NCDs are becoming more common due to various factors such as smoking, alcohol consumption, antibiotic resistance and unhealthy and sedentary lifestyles.

Surgical Dressing Market: A dressing is a cushion that cushions the shock of injury by applying compressive pressure to the injured area. The pad promotes healing and protects the area from further damage. These usually come in the form of bandages. However, surgical dressings are much more complex and can include self-interactive materials for chronically ill patients.

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Transparency Market Research is a global market intelligence company that provides global business information reports and services. Our exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights to thousands of decision makers. Our experienced team of analysts, researchers and consultants use proprietary data sources and a variety of tools and techniques to collect and analyze information.

Our data repository is constantly updated and revised by a team of research experts to always reflect the latest trends and information. With extensive research and analytical capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop unique datasets and research materials for business reporting.

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